Broker Charges & Demat Guides (2026)
Every broker charges page, cross-broker charge comparison and how-to guide on LetsThinkWise, in one place. Charges were checked against each broker’s official pages in October 2026.
Compare one charge across all brokers
- Lowest brokerage for F&O: options and futures charges at 18 brokers, lowest first
- DP charges by broker: the charge you pay each time you sell shares from your demat
- Zero AMC demat accounts: brokers with ₹0 annual maintenance, and which charge after year one
- MTF charges comparison: margin trading interest rates and MTF fees by broker
- Pledge shares charges: pledge and unpledge fees per ISIN, with a 5-stock example
Charges by broker
Brokerage, AMC, DP charges, F&O fees and worked examples for each broker.
- 5paisa charges
- Angel One charges
- Axis Direct charges
- Dhan charges
- Fyers charges
- Groww charges
- HDFC Sky charges
- ICICI Direct charges
- IIFL Securities charges
- INDmoney charges
- Kotak Securities charges
- Motilal Oswal charges
- mStock charges
- SBI Securities charges
- Sharekhan charges
- Shoonya charges
- Upstox charges
- Zerodha charges
How-to guides
- How to transfer shares between demat accounts: closure-cum-transfer, CDSL Easiest and NSDL SPEED-e
- How to close a demat account: online and offline steps, with a copyable closing letter
- Dhan account opening: the three online steps and documents Dhan lists
Broker comparisons
- All broker comparisons
- Zerodha vs Angel One
- Groww vs Angel One
- Angel One vs Dhan
- Groww vs Zerodha
- Upstox vs Dhan
Dhan guides
- Dhan charges and review
- Prosper advisory marketplace guide
- How to connect Dhan to Prosper
- Dhan MTF interest rate
- Dhan referral code
Calculators
Some links on this site are affiliate links, and we are a partner of Dhan. See our Affiliate Disclosure. Investments in the securities market are subject to market risks.
Checking a broker before you sign up? Read Is Dhan safe? Registration, client money and how to verify.
Trading options? See how Dhan’s option chain works and what each column means.
Using TradingView with Dhan? See Dhan and TradingView: tv.dhan.co vs connecting on tradingview.com.
Scalping options? Read what Dhan Scalper and Power Scalper do and what they cost.
Looking for Dhan’s own tools? See our guide to Dhan calculators.
Work out your yearly AMC and DP charges at 18 brokers with the demat charges calculator.
Broker cost dataset
Tariffs checked on 13 November 2026 for five resident retail accounts. Brokerage figures are before GST.
| Broker | Plan | Delivery brokerage per order | Intraday brokerage per order | Demat AMC | Sell-side DP fee | NSE delivery example | Source |
|---|---|---|---|---|---|---|---|
| Groww | Standard resident retail | Lower of 0.1% or ₹20, minimum ₹5 | Lower of 0.1% or ₹20, minimum ₹5 | ₹0 | ₹20 + GST per sell debit at the standard rate. Lower depository rate for women. Groww waives its ₹16.50 portion on debits below ₹100. | ₹293.28 | Groww tariff |
| INDmoney | Standard Indian stocks retail | Lower of 0.1% or ₹20, minimum ₹2 | Lower of 0.1% or ₹20, minimum ₹2 | ₹0 | ₹18.50 + GST once per ISIN per trading day. | ₹291.51 | INDmoney tariff |
| Zerodha | Resident individual, standard non-BSDA | ₹0 | Lower of 0.03% or ₹20 | ₹0 in year one for new resident individual accounts, then ₹300 + GST per year for non-BSDA. BSDA rates depend on holdings. | ₹13 + GST per stock per day for standard delivery sales. Lower depository rate for women as primary holders. | ₹237.82 | Zerodha tariff |
| Shoonya | Standard individual retail | ₹0 | Lower of 0.03% or ₹5 | ₹0 | ₹9 + GST per scrip at the standard rate. | ₹233.10 | Shoonya tariff |
| mStock | Standard retail after introductory offer | ₹10 per order | ₹10 per order | ₹0 | ₹18 + GST per sell debit transaction. | ₹267.32 | mStock tariff |
How the NSE delivery example is calculated
NSE equity delivery, one ₹1,00,000 buy and one ₹1,00,000 sell of the same stock, standard DP rate, outside introductory offers. Includes ₹200 STT, ₹6.14 exchange charges, ₹0.20 SEBI fee, ₹15 stamp duty and 18% GST on brokerage, exchange charges, SEBI fee and DP. Excludes AMC and separately listed IPFT.
For Shoonya, the total is ₹215 in STT and stamp duty plus 1.18 × (₹0 brokerage + ₹6.14 exchange fee + ₹0.20 SEBI fee + ₹9 DP fee) = ₹233.10 after rounding. See the NSE transaction charge circular and NSE statutory levies.
